the-hill-at-rochester

OC Ventures Sells Two Student Housing Properties in Upstate New York for $90 Million

by Katie Sloan

Amherst and Rochester, N.Y. — OC Ventures has sold two student housing properties located in the Upstate New York communities of Amherst and Rochester for $90 million. Dispositions include The Hill at Rochester, a 362-bed community located at 24 Fairwood Drive near the Rochester Institute of Technology and the University of Rochester; and Block20, a 640-bed property located at 100 Herron Drive in Amherst near the University at Buffalo. GREA brokered the acquisition of the properties by BDC Holdings. PeakMade Real Estate has been awarded management of the properties following the sale. The Hill at Rochester offers 183 fully furnished units with bed-to-bath parity. Block20 offers 192 fully furnished units in two- and four-bedroom configurations with bed-to-bath parity. Shared amenities at both properties include private shuttles to campus, fitness centers and study lounges. 

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